| Title | Sustainable System Value Creation: Development of Preliminary Frameworks for a Business Model Change Within a Systemic Transition Process |
|---|---|
| ID_Doc | 33894 |
| Authors | Koistinen, K; Laukkanen, M; Mikkilä, M; Huiskonen, J; Linnanen, L |
| Title | Sustainable System Value Creation: Development of Preliminary Frameworks for a Business Model Change Within a Systemic Transition Process |
| Year | 2018 |
| Published | |
| Abstract | Although corporate sustainability has gained more attention and companies have recently showed a growing interest in sustainable practices, the progress towards sustainable development has been slow leading to increasing environmental and social challenges. Business model innovations are recognized as a key to the creation of sustainable business and as a bridge between company level and system level changes. Sustainable business model innovations create, deliver and capture economic, social, and ecological value for customers and other stakeholders in various societies. The aim of this chapter is to deepen the understanding of the ways how companies create and capture sustainable value through business models in a larger operation system. From the theoretical perspective, the chapter adopts the transition theory and the concept of strong sustainability for understanding sociotechnical transitions and business model changes towards sustainability. Here the focus is on companies' dualistic role pursuing sustainable development targets-both contributing to sustainability within the business dimensions, and assisting the broader systemic change through the new sustainable business models. Furthermore, the chapter deals with the external factors that either enable or hinder companies to transform their existing business models towards sustainability. By reviewing previous literature, this study develops preliminary frameworks combining the approaches of transition management, sustainable value creation and corporate sustainability levels. The work aims to decrease the existing gap between the literature of system transition and business models. The frameworks can be applied in the future in analyzing new sustainable business models, value processes, value creation and capture, and broader systemic changes towards sustainability. |
Similar Articles
| ID | Score | Article |
|---|---|---|
24136
|
Hernández-Chea, R; Jain, A; Bocken, NMP; Gurtoo, A The Business Model in Sustainability Transitions: A Conceptualization(2021)Sustainability, 13, 11 | |
| 77952
|
Morioka, SN; Bolis, I; Evans, S; Carvalho, MM Transforming sustainability challenges into competitive advantage: Multiple case studies kaleidoscope converging into sustainable business models(2017) | |
| 33962
|
Boons, F; Montalvo, C; Quist, J; Wagner, M Sustainable innovation, business models and economic performance: an overview(2013) | |
| 77943
|
Stubbs, W; Cocklin, C Conceptualizing a "sustainability business model"(2008)Organization & Environment, 21, 2 | |
| 33984
|
Bocken, NMP; Short, SW; Rana, P; Evans, S A literature and practice review to develop sustainable business model archetypes(2014) | |
| 33930
|
Evans, S; Vladimirova, D; Holgado, M; Van Fossen, K; Yang, MY; Silva, EA; Barlow, CY Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models(2017)Business Strategy And The Environment, 26, 5 | |
| 78493
|
Derks, M; Berkers, F; Tukker, A Toward Accelerating Sustainability Transitions through Collaborative Sustainable Business Modeling: A Conceptual Approach(2022)Sustainability, 14, 7 | |
| 33855
|
Lozano, R Sustainable business models: Providing a more holistic perspective(2018)Business Strategy And The Environment, 27, 8 | |
| 18340
|
Manninen, K; Laukkanen, M; Huiskonen, J Framework for sustainable value creation: a synthesis of fragmented sustainable business model literature(2024)Management Research Review, 47.0, 1 | |
| 34795
|
Broccardo, L; Vola, P; Zicari, A; Alshibani, SM Contingency-based analysis of the drivers and obstacles to a successful sustainable business model: Seeking the uncaptured value(2023) |